Welcome to our dedicated page for Progress Oh news (Ticker: PGR), a resource for investors and traders seeking the latest updates and insights on Progress Oh stock.
The Progressive Corporation (NYSE: PGR), based in Mayfield Village, Ohio, regularly issues news and updates under the Progressive Insurance® brand covering its activities in car insurance, home insurance, and other protection needs. This news page aggregates company announcements so readers can follow developments at one of the largest personal auto insurers in the United States and a significant provider of commercial auto, motorcycle, boat, recreational vehicle, and homeowners insurance.
Progressive’s news flow frequently includes monthly and quarterly financial results, where the company reports net premiums written, net premiums earned, net income, combined ratio, and policies in force across personal and commercial lines. These releases are often accompanied by Form 8-K filings that reference the same financial information, giving investors and analysts insight into trends in its property and casualty insurance operations.
In addition to earnings-related items, Progressive issues news on dividend declarations, annual meeting record dates, and investor relations events, such as conference calls and webcasts associated with its quarterly reports and shareholder communications. These updates provide context on capital returns and key dates for shareholders of PGR.
The company also publishes business and partnership announcements, such as its expanded relationship with Best Egg, Inc. as a personal loan provider within Progressive’s ecosystem, and research-based communications, including surveys on driver education and road safety released in connection with National Teen Driver Safety Week. Together, these categories of news give a broader view of how Progressive engages with customers, partners, and the driving public.
Investors and observers who track PGR news can use this page to follow Progressive’s reported financial performance, capital actions, collaborations, and consumer-focused studies, all of which reflect its role in the direct property and casualty insurance industry.
The Progressive Corporation (NYSE:PGR) announced its financial results for September and Q3 2020, showing significant growth in net premiums written, up 15% to $3,468.1 million for September and 14% to $11,015.1 million for the quarter. Net premiums earned increased by 11% both for the month and the quarter. However, net income attributable to Progressive decreased by 18% year-over-year to $231.4 million for September, with a per-share decline from $0.47 to $0.39. The combined ratio improved to 88.3 from 92.3 a year earlier, and total policies in force rose by 11% across personal and commercial lines.
The Progressive Corporation (NYSE: PGR) reported strong results for August 2020, with net premiums written at $3,437.7 million, up 18% from $2,921.3 million in August 2019. Net premiums earned rose 11% to $3,088.9 million, compared to $2,784.4 million a year prior. Net income attributable to Progressive reached $487.4 million, a 177% increase from $175.9 million, reflecting earnings per share of $0.83, up 179%. The combined ratio improved to 92.6, down from 93.4. The company experienced growth across personal and commercial lines, indicating solid operational performance.
The Progressive Corporation (NYSE: PGR) reported strong financial results for July 2020. Net premiums written increased by 12% to $4,109.3 million compared to $3,675.6 million in July 2019. Net income attributable to Progressive surged by 111% to $812.0 million, with earnings per share rising to $1.38 from $0.65. The company achieved a combined ratio of 83.5, a 6.8-point improvement year-over-year. Total policies in force across personal and commercial lines rose to 24,078.6 thousand, reflecting a 10% increase from the previous year.
The Progressive Corporation (NYSE:PGR) declared a $0.10 per share dividend, payable on October 15, 2020, to shareholders of record by October 7, 2020. The ex-dividend date is October 6, 2020. Additionally, a dividend of $26.875 per Series B Fixed-to-Floating Rate Preferred Share was also announced, totaling $13.4 million, with payment on September 15, 2020, to Series B shareholders recorded by August 31, 2020.
The Progressive Corporation (NYSE: PGR) is set to host an Investor Relations conference call on August 5, 2020, at 10:00 a.m. ET. The call will include a Q&A session with CEO Tricia Griffith and CFO John Sauerland. The company plans to file its Quarterly Report on Form 10-Q on August 4, 2020, and a Shareholders' Report will be posted on its website. Participants can access the call details through Progressive's investor relations page, with replays available post-call. Progressive is a major provider of auto insurance in the U.S., established in 1937.
The Progressive Corporation (NYSE:PGR) reported solid financial results for June 2020, showing a 15% increase in net premiums written at $3,201.6 million compared to June 2019. For the second quarter, net income attributable to Progressive rose 83% to $1,790.4 million, translating to $3.04 per share, a 14% increase year-over-year. The combined ratio improved by 2.7 points to 87.7. Although total pretax net realized gains on securities fell 43% in June, overall premium growth and profitability reflect strong operational performance.
The Progressive Corporation (NYSE:PGR) reported significant growth in May 2020. Net premiums written reached $3,174.2 million, a 19% increase compared to May 2019's $2,662.7 million. Net premiums earned rose by 10% to $2,991.2 million, up from $2,731.4 million year-over-year. Net income attributable to Progressive surged to $366.9 million from $78.5 million, while earnings per share increased by 378% to $0.62. The company's combined ratio was 93.7%, reflecting a slight increase from 91.6% in the previous year.
The Progressive Corporation (NYSE: PGR) reported significant growth in April 2020, with net premiums written reaching $3,764.2 million, a 3% increase from $3,669.8 million in 2019. Net premiums earned also climbed by 9% to $3,634.3 million compared to $3,348.3 million in the previous year. Net income soared by 95% to $952.6 million, resulting in $1.62 earnings per share. The combined ratio improved to 83.4 from 87.4, reflecting enhanced operational efficiency.
The Board of Directors of Progressive Corporation (NYSE:PGR) has declared a $0.10 per common share dividend, set to be paid on July 15, 2020. This dividend will be accessible to shareholders who are on record by the close of business on July 7, 2020, with an ex-dividend date of July 6, 2020. Progressive, a leading insurance provider in the U.S., focuses on making auto and home insurance accessible and easy to understand through various platforms.
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